‘Unacceptable’ — Kraken apologizes, scraps Monero withdrawal questions

Image: AMBCrypto
Kraken exchange co-CEO Arjun Sethi has apologized for emails sent to Monero [XMR] buyers. The infamous emails contained questionnaires asking XMR buyers to state their employers, proof of income, bank statements, and what they plan to do with the withdrawn funds. Part of the email sent by Kraken Support, and widely shared across social networks, including Reddit, read, We noticed Monero [XMR] withdrawals from your Kraken account. Could you explain the rationale and purpose of these transactions, including the intended use of XMR following withdrawals Many in the community warned that Kraken is taking the Monero crackdown to "another level," with some cautioning other users to expect similar questions. Following widespread community backlash, Kraken co-CEO responded to the same. He noted that the emails have been withdrawn.
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